Resolution : GPF interest at the rate of 7.1% w.e.f. 1st April to 30th June, 2020

April 10, 2020GEDWEBZIP

Resolution : GPF interest at the rate of 7.1% w.e.f. 1st April to 30th June, 2020

(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)F. N0.5(2)-B(PD)/2020Government of IndiaMinistry of FinanceDepartment of Economic Affairs(Budget Division)

New Delhi, the 7th April, 2020

RESOLUTION

It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2020 to 30th June, 2020. This rate will be in force w.e.f. 1st April, 2020. The funds concerned are: